Blue Bamboo Center for the Arts Inc

Analysis

Blue Bamboo Center for the Arts Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Blue Bamboo Center for the Arts Inc reported income of $376k and spending of $396k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $376k (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Blue Bamboo Center for the Arts Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Hyasa Center ($376k), Sacramento Comedy Spot ($376k) and Assitej-Usa Incorporated ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $83k (21% of expenses). Other salaries and wages came to $38k. At year end it held assets of $17k against liabilities of $111k, net assets of -$93k. It reported 3 employees.